Filed March 8, 2022
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Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $86,724 | $80,705+7.5% | $115,768-25.1% | $67,986+27.6% |
| Participation rate | 99.3% | 63.0%+36.3pp | 74.4%+24.9pp | 57.2%+42.1pp |
| Annual return | 28.32% | 18.49%+9.8pp | 100.46%-72.1pp | 31.67%-3.3pp |
| Employer contribution / active EE | $5,655 | $2,046+176.3% | $2,940+92.4% | $2,019+180.1% |
| Participant deferral / active EE | $11,154 | $3,559+213.4% | $4,917+126.9% | $3,358+232.2% |
| Admin fee / account holder | $5,190 | $4,135+25.5% | $12,439-58.3% | $3,203+62.0% |